mr. zinst, the table is yours. >> thank you, mr. chairman, ranking member and members of the committee. thanks for having me here today to present the 2013 budget. as the chair han said, before i joined omb three years ago, and i have now been there for three years and been involved in the budget, so i feel like i'm in a good position to talk about the president's budget. but before that, i spent 20 years in the private sector. one thing i found that was helpful in the private sector is to boil things down to a few graphics. so it's okay if everybody, i thought i would use my few minutes to walk you through the highlights of the budget using i hope these two screens. i'll cover first the current policy baseline. next, the key elements of deficit reduction. and then and overview of our investments. and finally the bottom like of the president's budget. let me start with the baseline. we believe we have a baseline that accurately reflects current policy. in essence, this is business as usual. the baseline includes the extension of the